IOT/USD chart - Trading View
Exchange - Bitfinex
Support: 0.2200 (Aug 15 low); Resistance: 0.2542 (21-EMA)
Technical Analysis: Bias Neutral
IOT/USD capped at 21-EMA, extends sideways grind. Major trend in the pair is bearish and we see no respite from bears yet.
Great potential for the crypto seen. Recently, IOTA has reported collaboration with Automobile manufacturer Jaguar Land Rover and French energy research and development center, Engie Lab Crigen.
The objective was to trace the car energy with Distributed Ledger Technology, to show people both the source and utilization of a Jaguar I-Pace’s energy.
IOT/USD was trading largely rangebound at 0.2477 at 07:20 GMT, intraday bias bearish.
Price action is below cloud and major moving averages. Volatility is low. Momentum with the bears.
Bullish divergence on RSI and Stochs keeps scope for upside in the pair. Break above 21-EMA will see gains.
Next major resistance lies at trendline at 0.2675 ahead of daily cloud at 0.2838 and then 23.6% Fib at 0.2990.
Breakout at 200-DMA (currently at 0.3318) will see bullish continuation.


FxWirePro- Major Crypto levels and bias summary
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary 



